The American Academy of Allergy Asthma

Nonprofit profile at a glance

EIN
396061326
IRS 990 coverage
2011–2024
Forms available
Form 990 2024, Form 990-T 2024
Location
Milwaukee, WI, USA
Phone
4142726071
Rating
69
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Professional Societies, Associations

Official website

Reported finances

Revenue
$17,597,093
Expenses
$15,673,255
Assets
$41,482,525
Liabilities
$6,864,485

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

21 people listed

Executive titles in this filing

  • JONATHAN A BERNSTEIN MD (IMMEDIATE PAST PRESIDENT)
  • PAUL V WILLIAMS MD (PRESIDENT)
  • THOMAS A FLEISHER MD (EXECUTIVE VICE-PRESIDENT NON VOTING)
  • FRANK VIRANT MD (PRESIDENT-ELECT)
  • DAVID A KHAN MD END 0224 (IMMEDIATE PAST PRESIDENT (TERM END 2/24))

Highest reported compensation

  • PAUL V WILLIAMS MD (PRESIDENT): $91,667 total reported compensation
  • JONATHAN A BERNSTEIN MD (IMMEDIATE PAST PRESIDENT): $18,333 total reported compensation
  • CARLA M DAVIS MD (SECRETARY-TREASURER): $6,000 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The advancement and practice of allergy and immunology through meetings, education, and by promoting and stimulating research and study for optimal patient care.

What it reported doing in 2024

Annual meeting - holding various seminars, meetings and educational activities to educate and share the latest advances in the research, diagnosis and treatment of allergic and immunologic disease. This is done through a national annual meeting, regional local and other live conferences; and an array of written, audio, video and multimedia enduring materials.

Operating model

Revenue model
Earned-program. 62% of the money available for current operations came from fees and other program revenue.
Distribution model
Direct operator. The filing allocates 93% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
  • Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

SUPPORTED - The filed numbers largely add up and most voting board members are independent. A relatively small share of available resources goes toward mission work and program spending has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 52
  • Transparency & Controls: 84
  • Accountability: 84
  • Sustainability: 72
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 55.7%; rating input score 56
  • Program expense ratio: 63.2%; rating input score 63
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: 2 of 8 controls in place; rating input score 25
    • Claims monitoring procedures: Pass
    • Requires narrative reports: Limited
    • Conducts field audits: Limited
    • May suspend future funding: Limited
    • Requires financial reports: Pass
    • Conducts site visits: Limited
    • Requires grant agreements: Limited
    • May require repayment: Limited
  • Grant itemization coverage: 100%; rating input score 100; 72nd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 87.5%; rating input score 88; 20th percentile among comparable filings
  • Governance controls: 7 of 9 controls in place; rating input score 78
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Fail
    • Other executive compensation review process: Fail
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 10.9%; rating input score 70; 70th percentile among comparable filings
  • Total-asset coverage ratio: 2.65; rating input score 71; 71st percentile among comparable filings
  • Liabilities to assets ratio: 0.17; rating input score 63; 63rd percentile among comparable filings
  • Officer compensation ratio: 0.8%; rating input score 88; 88th percentile among comparable filings

Growth

  • Program expense growth: -3.9% per year; rating input score 0; 4th percentile among comparable filings
  • Revenue growth: 2.6% per year; rating input score 100; 22nd percentile among comparable filings
  • Asset growth: 5.3% per year; rating input score 100; 38th percentile among comparable filings

Details

  • Where the money goes: 55.7% of revenue deployed · 63.2% of spending went to programs
  • Governance: 14 of 16 board members independent · 7 of 9 filing controls reported
  • Programs: 3 filed program accomplishments · $9.9M in reported program spending
  • Leadership: top reported pay $92K · 21 people listed
  • Highest-paid contractors: 4 contractors listed · $6.4M reported
  • Consistency: 36 of 36 current checks pass
  • Schedules: 9 filed schedules · includes major donors, foreign activity, and grants
  • Filing history: 13 filing years from 2011 to 2024
  • Contacts: How to reach this organization
  • Money network: 11 filed money-flow records
  • Related organizations: 8 filed related-organization links
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Review — Financial Efficiency: Mission deployment rate scored 56/100.
  • High — Growth: Program expense growth scored 0/100.
  • Review — Accountability: Governance controls: 2 of 9 not reported.